Aug
24

Equity Bloodbath Spreads Through Asia as Oil Slides

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Equity-index futures are signaling no end to the global wave of selling that’s seen all but the safest of assets plunge. Chinese shares tumbled by the most since 2007, while 10-year Treasury yields dropped below 2 percent.

The Shanghai Composite Index lost as much as 9 percent and U.S. equity-index futures signaled a fifth straight day of losses.COMMODITY PRICES sank to a 16-year low, while credit risk in Asia increased to the highest since March 2014. The yen rallied and German government bonds rose as investors sought haven assets. South Africa’s rand dropped 2.6 percent…

Equity Bloodbath Spreads Through Asia as Oil Slides

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